Jim Cramer: Burlington Stores' Earnings Report Was Stellar

Burlington Stores'  (BURL) - Get Report earnings report was a standout in the retail sector, with legitimate earnings and revenue beats, said TheStreet's Jim Cramer. Shares of Burlington Stores are jumping nearly 14% on Tuesday after the off-price retailer reported third-quarter results that topped analysts' expectations and lifted its full-year forecast. The Burlington, N.J.-based company posted adjusted earnings of 51 cents per share, handily beating analysts' estimates of 33 cents per share. Revenue climbed 9.1% to $1.34 billion year-over-year, while analysts had projected $1.32 billion. Comparable-store sales rose 3.7%, better than analysts' expectations for growth of 3.3%.